Markets are in turmoil following the emergence of a low-cost Chinese AI technology, DeepSeek, capable of competing with US giants. The news raises questions about the future of Big Tech valuations. In Ireland, the State sold another 5% stake in AIB, reducing taxpayer holdings to 12.5%. The program also discusses the implications of this divestment and the government's plans for the remaining stake.
Plus, the State sold another 5 per cent of its holding in AIB , reducing taxpayers’ holdings to 12.
For some insight on this, host Ciarán Hancock was joined by Ciara O’Brien of the Irish Times and Aidan Donnelly, head of Global equities at Davy. Why has the State decided to sell more shares in AIB? What do we know of Paschal Donohoe’s plan for the remaining 12.5 per cent stake? What about the cap on pay and bonuses? Joe Brennan of the Irish Times covered the story and joined us on the line to explain.
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